A corporation sold 16,000 shares of its $10 par value common stock at a cash price of $11 per share. The entry to record

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A corporation sold 16,000 shares of its $10 par value common stock at a cash price of $11 per share. The entry to record

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A corporation sold 16,000 shares of its $10 par value common stock at a cash price of $11 per share. The entry to record this transaction would include: A credit to Common Stock for $16,000 A credit to Common Stock for $160,000 A credit to Common Stock for $160,000 OA credit to Common Stock for $176,000
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